sbdcsierra Chapter 553 Good Thing? Could This Be A Good Thing? !
Chapter 553 Good Thing? Could This Be A Good Thing? !
"Big breaking news! In North America, Lehman Brothers actually went bankrupt!"
Future Group Headquarters, it’s the 40-minute break right now.
At this moment, most of the company's employees have put down their work and come to the break room to talk to each other about the most sensational explosive event that has happened in the world in the past two days--Lehman's funeral.
There is no doubt that this is the headline news in the world right now.
The whole world is talking about it.
Although Lehman Brothers, as a financial company, could not compete with IT guys like them, the ten of them were talking excitedly at this moment.
I really can’t bear the huge impact of this incident!
That was Lehman Brothers, the fourth largest investment bank in North America, and it actually went bankrupt!
This is definitely a horror story, no, an accident!
"The impact of the North American subprime mortgage crisis on the global economy has lasted for almost two years. Now that Lehman Brothers has declared bankruptcy, it will definitely make the already bad global economy worse. I don't know when this financial crisis will end. Only then can we pass!”
"Thousands of companies have gone bankrupt and countless people have lost their jobs. The current situation reminds me of the Great Depression of the last century. I'm afraid!"
"Previously, the North American government rescued many small companies that were not as good as Lehman Brothers. Why did they allow Lehman Brothers to go bankrupt this time? I don't understand!"
"Yes! Let's take Merrill Lynch, one of the five largest investment banks in North America, in a similar situation to Lehman, right? As a result, there are now two 237 completely different fates. One fell directly into the eighteenth level of hell, while the other actually came ashore. Can you believe it?"
"I saw rumors on the Internet that Merrill Lynch was forced to sell under pressure from the Federal Reserve Bank of North America because the Fed was worried that Merrill Lynch would become another victim of the subprime mortgage crisis after Lehman Brothers."
"It's really amazing! Goldman Sachs, Morgan, Merrill Lynch, Lehman and Bear Stearns. These five investment banks were once considered the Five Tigers in the North American investment banking industry. But now, looking at it, only two of the Five Tigers are left! Bell In March this year, Stern was the first to be acquired by Morgan due to the subprime mortgage crisis. Now it is the turn of Lehman and Merrill Lynch. These two tigers will also become history. The two investment banks of Goldman Sachs and Morgan are still strong."
"Don't look at the background of these two investment banks! They are not comparable to the three investment banks of Lehman, Merrill Lynch and Bear Stearns! If we say that Goldman Sachs and Morgan are the biological sons of the Federal Reserve, oh, no, they should If he is his biological father, then Lehman, Merrill Lynch, and Bear Stearns are stepmothers."
"Yes! Paulson, the current North American finance minister, worked for Goldman Sachs before. There are countless senior officials in the North American government who came from Goldman Sachs and Morgan! The background is indeed not that of Lehman. The three investment banks are comparable. One is an aristocrat with a deep foundation, and the other is just an upstart with a shallow foundation."
11
In the break room, a large group of employees gathered together and chatted non-stop.
Most people are full of worries, fearing that the bankruptcy of Lehman Brothers will impact Future Group.
There are also many people who are worried about their money in the stock market.
after all.
Future Group's salary is the only one in China.
If you have a lot of spare money, it is too little to earn interest in the bank, so it is better to invest it in the stock market.
But now.
The tsunami caused by the bankruptcy of Lehman Brothers has already affected the country.
No.
As soon as the market opened today, the big A was leaking out, and I couldn't hold it back.
Of course.
After all, stock traders are only a small part of the company.
What most people worry about most is whether they will lose their job and whether their income will shrink significantly.
"Don't panic! Although the financial crisis is scary, we shouldn't be so miserable. We are engaged in Internet technology and have nothing to do with finance."
"That's right! When it comes to urgency, the company's senior management must be more anxious than us small soldiers. Now there are no leaders from the company's senior management to make remarks to stabilize the morale of the military. This means that the company has no problems."
"But... not long ago, the company spent more than 7 billion meters of gold. Is the company's cash flow really enough?"
"Alas~ We are all low-level employees and have no access to the business secrets of the top management. If there are real layoffs, we will most likely be the first to be eliminated. Alas~ I have no intention of working!"
"Don't think too much! It's a blessing, not a curse. You can't avoid it! Just do your job well. Even if the company really goes bankrupt, as long as it hasn't been officially announced, "then we have to be monks and ring the clock for a day!"
"Yes! If even Future Group has problems, then you can imagine how bad the current world economy will be."
"You guys are just too full to hold yourself up. You have nothing to worry about! I just came over from the Human Resources Department (agbg). What do you think the Human Resources Department is doing?"
"What are you doing? Are you drawing up a layoff list?"
"Layoffs? Which employees to lay off? I heard from people in the human resources department that not only has the company not laid off employees, but it is also constantly expanding its recruitment. Do you think the company is really going to have a problem and will recruit a large number of people? That's why I say, you are completely blind. How worried! If you have this free time, you might as well write two more lines of code!"
"That's right! Everyone, please don't be suspicious and do your job well! If this affects your mentality and makes major mistakes at work, then I'm afraid you will really be fired, and there will be no place to cry!"
"It's reassuring to say that, haha, no rest, I'll go back to work and write code now!"
www.
Currently, Future Group has more than 30,000 employees around the world.
Most mid-level and junior employees are worried that their jobs will be affected by the collapse of Lehman Brothers.
.
Regardless of whether you work at home or abroad, Future Group's salary and benefits are all treated equally and are much higher than those of its peers.
If something goes wrong with Future Group and they lose their jobs, where can they find a company as good as Future Group?
But overall.
The employees have not experienced any major emotional fluctuations yet.
Although the company's top management didn't say anything, this is the best reassurance for mid-level employees.
If something really went wrong in the company, I'm afraid senior executives would have come out to appease everyone.
2008, September 22, Monday, 9 am.
Sioux City, Future Group Headquarters.
In the conference room, Lu Yi, Lu Qi, Lin Qingya, Lan Lan and other core executives of the group were present.
"The impact of the bankruptcy of Lehman Brothers is gradually becoming apparent."
"The Shanghai Composite Index plummeted 4.47% on the 16th and another 2.9% on the 17th, falling below the 2,000-point mark."
"Europe, island countries, Hong Kong and other emerging markets have also been severely affected."
"The company's stock price also suffered a severe impact. Within a week, the company's market value rose from 90 billion gold to 90 billion gold, suddenly fell below 80 billion gold, and rushed towards the 700 million gold mark. Last night, the US stock market closed, The company’s stock price closed at 98.56 meters gold.”
"Of course, it's not just our company's stock price that has plummeted this week, Microsoft, Guge, etc. have also fallen as well.
Lin Qingya said.
original.
With the share repurchase, Future Group's share price is slowly rising, and its market value has also risen from more than 80 billion meters to more than 90 billion meters.
But with the explosion of Lehman Brothers, a mushroom bomb was dropped on the global financial market, and it plummeted.
Future Group's stock price has also directly fallen below the 100-meter gold mark from its previous high close to 120 meters gold.
Except for Lu Yi, everyone present looked a little heavy.
They didn't expect that such a thunder would erupt.
Doesn’t this mean that they spent huge sums of money to repurchase stocks some time ago, but they are in vain?
"Good thing!"
At this moment, Lu Ti smiled and spoke.
These words directly filled Lu Qi and others' heads with questions.
Good thing?
Is the boss’ forehead caught in the door?
Is this still a good thing?
Could this be a good thing?.